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Pedestrians pass by a Lululemon store.
Scott Mlyn | CNBC
Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers’ apparel sales.
The company also raised its outlook for the year. Shares rose about 9% in off-hours trading.
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Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: $2.20, adjusted, vs. $1.87 cents expected
- Revenue: $1.87 billion vs….
Source cnbc.com
